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Bitcoin Email Blackmail Ransom Scam That You Should Be Aware Of And IgnoreI just received an email from a paypal email stating I purchased $ of Bitcoin from Blockchain? Have I been hacked or is this a scam email? It states that the recipient has purchased USD worth of Bitcoin cryptocurrency (at USD/BTC exchange rate) via PayPal. The letter. It's far more likely that your email address was disclosed in a data breach. Companies are hacked all the time, with customer information.